Common use of RETURN OF EQUIPMENT NOTES Clause in Contracts

RETURN OF EQUIPMENT NOTES. Subject to compliance by Owner Trustee and Lessee with all applicable terms and conditions for voluntary prepayment under the Trust Indenture and this Agreement, each Note Holder will transfer to Owner Trustee the Equipment Notes held by it for cancellation (and Owner Trustee shall cancel the same), against receipt by such Note Holder of the then-outstanding principal amount of such Equipment Notes, accrued and unpaid interest and Make-Whole Amount, if any, thereon, together with payment in full of all other amounts then payable to such Note Holder and Mortgagee hereunder or under the Trust Indenture.

Appears in 12 contracts

Samples: Lease Agreement (Atlas Air Inc), Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/)

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RETURN OF EQUIPMENT NOTES. Subject to Owner Trustee's and Lessee's compliance by Owner Trustee and Lessee with all applicable terms and conditions for voluntary prepayment under the Trust Indenture Mortgage and this Agreement, each Note Holder will transfer to Owner Trustee the Equipment Notes held by it such Note Holder for cancellation (and Owner Trustee shall cancel the samethem), against receipt by such Note Holder of the then-outstanding principal amount of such Equipment Notes, accrued and unpaid interest and any Make-Whole Amount, if any, Amount thereon, together with payment in full of and all other amounts then payable to such Note Holder and Mortgagee hereunder or under the Trust IndentureMortgage.

Appears in 3 contracts

Samples: Note Purchase Agreement (Airtran Holdings Inc), Financing Agreement (Amtran Inc), Participation Agreement (Amtran Inc)

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RETURN OF EQUIPMENT NOTES. Subject to compliance by Owner Trustee and Lessee with all applicable terms and conditions for voluntary prepayment under the Trust Indenture and this Agreement, each Note Holder will transfer to Owner Trustee the Equipment Notes held by it for cancellation (and Owner Trustee shall cancel the same), against receipt by such Note Holder of the then-then- outstanding principal amount of such Equipment Notes, accrued and unpaid interest and Make-Whole Amount, if any, thereon, together with payment in full of all other amounts then payable to such Note Holder and Mortgagee hereunder or under the Trust Indenture.

Appears in 1 contract

Samples: Lease Agreement (Atlas Air Inc)

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